Reality denied comes back to haunt. ― Philip K. Dick The untold story of American Airlines’ big payout (Fortune): After finally succumbing to a bankruptcy filing that many restructuring professionals felt was inevitable, American Airlines has shocked the...

Eventually we all have to accept full and total responsibility for our actions, everything we have done, and have not done. ― Hubert Selby Jr., Requiem for a Dream Lehman Payout Tops $80 billion (Reuters): At the time of its bankruptcy filing in September 2008, few...

It has long been an axiom of mine that the little things are infinitely the most important. ― Arthur Conan Doyle Bitcoin exchange Mt. Gox filed for bankruptcy under Japanese law less than a week after revealing that the company had lost over $450 million in its own...

Whenever a theory appears to you as the only possible one, take this as a sign that you have neither understood the theory nor the problem which it was intended to solve. ― Karl Popper Distressed investors searching for a capital intensive investment thesis have set...

This article originally appeared in Business Insider Article Date: 7/3/11 I had a chance to see “Page One” this weekend, the documentary on the troubles facing the New York Times. Many have opined on the issues facing the New York Times, notably Henry Blodget here at...

That men do not learn very much from the lessons of history is the most important of all the lessons of history. ― Aldous Huxley In surveying the economic landscape as 2014 dawns, famed investor George Soros sees many challenges, and he is not alone. Japan’s economic...